Oireachtas Joint and Select Committees
Thursday, 1 June 2023
Joint Oireachtas Committee on Housing, Planning and Local Government
General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion (Resumed)
Mr. Brian Moran:
Yes, because the land is not yet zoned. Ultimately, the owner will get less money for the land, but their view is that they are not going to do anything and will just sit on it for the next year or two to see what will happen, whereas we would have done a deal, subject to zoning and planning, and spent the money with them to invest over the years and bring that land forward. In that case, we will just have to await the outcome of what happens here.
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